LANDLORD'S SECURITY INTEREST. 7.2.1 The parties intend that if Tenant defaults under this Lease, Landlord will control the Tenant Personal Property and the Intangible Property (as defined in Section 7.4 below) so that Landlord or its designee can operate or re-let each Facility intact for use as a Personal Care Facility.
Appears in 3 contracts
Samples: Master Lease and Security Agreement (American Retirement Corp), Master Lease and Security Agreement (American Retirement Corp), Master Lease and Security Agreement (American Retirement Corp)
LANDLORD'S SECURITY INTEREST. 7.2.1 The parties intend that if Tenant defaults under this Lease, Landlord will control the Tenant Personal Property and the Intangible Property (as defined in Section 7.4 below) so that Landlord or its designee can operate or re-let each Facility the Premises intact for use as a Personal Care Facility.
Appears in 2 contracts
Samples: Lease and Security Agreement (Balanced Care Corp), Lease and Security Agreement (Balanced Care Corp)
LANDLORD'S SECURITY INTEREST. 7.2.1 The parties intend that if Tenant defaults under this Lease, Landlord will control the Tenant Personal Property and the Intangible Property (as defined in Section 7.4 below) so that Landlord or its designee can operate or re-let each Facility the Premises intact for use as a Personal Care FacilityNursing Home.
Appears in 2 contracts
Samples: Lease and Security Agreement (Iatros Health Network Inc), Lease Agreement (Iatros Health Network Inc)
LANDLORD'S SECURITY INTEREST. 7.2.1 The parties intend that if Tenant defaults under this Lease, Landlord will control the Tenant Personal Property and the Intangible Property (as defined in Section 7.4 below) so that Landlord or its designee can operate or re-let each Facility the Premises intact for use as a Personal Retirement Care FacilityFacilities .
Appears in 2 contracts
Samples: Lease and Security Agreement (American Retirement Corp), Lease Agreement (American Retirement Corp)
LANDLORD'S SECURITY INTEREST. 7.2.1 The parties intend that if Tenant defaults under this Lease, Landlord will control the Tenant Personal Property and the Intangible Property (as defined in Section 7.4 below) so that Landlord or its designee can operate or re-let each Facility intact for use as a Personal Care Facilityan ALF.
Appears in 2 contracts
Samples: Master Lease and Security Agreement (Balanced Care Corp), Master Lease and Security Agreement (Balanced Care Corp)
LANDLORD'S SECURITY INTEREST. 7.2.1 The parties intend that if Tenant defaults under this Lease, Landlord will control the Tenant Personal Property and the Intangible Property (as defined in Section 7.4 below) so that Landlord or its designee can operate or re-let each Facility the Premises intact for use as a Personal Care Facilityhospital.
Appears in 1 contract
Samples: Lease and Security Agreement (Province Healthcare Co)
